An Argyll renewable energy company has launched a business development
drive to boost its international trade, increase turnover and create jobs –
thanks to a £25,000 investment from the Scot-govt.
Lochgilphead based Renewable Parts Limited (RPL) was established in 2011.
It provides specialist technical and logistical supply chain services to
the wind and renewable energy industry in the UK, Ireland and Continental
Europe. This includes replacement parts and consumables for out-of-warranty
wind farms.
As a result, RPL expects to treble its turnover and generate more than £1
million in international sales in the next two years. The move will provide
security for its existing eight-strong workforce and create at least two
new quality jobs.
As of 2014, the parts and consumables market for installed capacity within
the UK was valued at £50,532,000, the European Union (less UK) £465,708,000
and the rest of the world £941,816,000. These market figures are based on
each megawatt of installed capacity being valued at £4,000 per year.
James Barry, RPL chief executive, said: “The worldwide renewables industry
is developing fast and we need to respond to that.
“Scotland is the home for renewables in the UK with the policies, funding
and skills to make a major change to our renewables economy. This
investment will enable us to significantly increase our marketing
operations at a crucial time of market change, allowing us to accelerate
growth market capture.
“This investment will be targeted towards the development of a new
exhibition stand our digital capability through our soon to be launched
e-commerce website.”
Onshore wind continued to be the leading individual technology for the
generation of electricity from renewable sources during 2015. Capacity
almost doubled from 4629 MW in 2011 to 9198 MW in 2015 (Digest of UK Energy
Statistics).
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